Monzo Gets Irish Banking License to Expand Into European Markets
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000A Monzo bankcardMonzo has received an Irish banking license, a move that will allow the UK digital lender to expand into markets across the European Union.
The Central Bank of Ireland and European Central Bank have authorized the permit, according to a statement from Monzo, which will let the London-based company to offer its current and savings accounts in the EU.